People in Britain who say they do not save because of insufficient earnings probably would not save even with a higher income, new research has suggested. Comparison site moneysupermarket.com found that over half of individuals responding to a survey said…

There is a gender divide in the number of people who are successfully putting money aside into pension schemes, new research has suggested. A Scottish Widows UK Pensions report has found that 47 per cent of women are saving adequately…

People in Britain are saving more money now than at any point in the last four-and-a-half years, a new survey has suggested. According to a report by NS&I, individuals in the UK are holding back £92.41 a month, which is…

The government’s commitment to providing everyone with access to financial support has moved closer to its goal, an expert has suggested. David Dooks, statistics director at the British Banking Association, said the universal banking initiative had opened up a number…

Debt solutions provider ClearDebt has received thanks from the Office of Fair Trading (OFT) for their co-operation in highlighting poor practice on the part of three companies. The enterprises are now being investigated for misleading consumers with promises of buying…

A generation of people could be put under financial pressure due to supporting both their children and elderly relatives, new research has suggested. Aviva’s Cost of Family Care study shows that 71 per cent of British adults are concerned that…

Debt help is available but people may be too self-conscious to look for it, new research has suggested. Charity Turn2us found that nearly one-fifth of individuals are extremely concerned about their financial situation but 46 per cent would not look…

Homeowners may benefit from recent estimates by the Council of Mortgage Lenders (CML), one expert has suggested. Spokesperson Beccy Boden Wilks for charity Money Advice Trust said that the CML’s downward revision concerning the number of repossessions in 2009 may…